IndiaRetailBiz

Crossword, the country’s leading leisure and entertainment products chain, which sells books, music, gifts, toys, and games, among others, has added two more stores.
With the opening of the two new stores– one each at Bangalore (franchisee) and Shopper’s Stop, Hyderabad (shop-in-shop), the tally of “Crossword” stores across the country has gone up from 53 to [...]

Reliance Retail Limited– part of Mukesh Ambani-led group’s flagship Reliance Industries Limited– though happy with growth of some of its niche formats and fall in commercial lease rentals to sensible levels, is yet not ready for aggressive expansion.
Reliance, among the largest retailers in India, occupying over 3.5 million sq ft of space and operating in [...]

After closing a few under-performing stores of the lifestyle books and leisure chain, ‘Crossword’ has announced the opening of two new stores. The new stores are located at Powai in Mumbai and Hypercity, Hi-Tech City, Madhapur, Hyderabad. Crossword, the specialty retailer, is part of Shoppers Stop Limited– country’s leading multi-format, multi- products retailer.
With the opening [...]

Spencer’s Retail, a Sanjiv Goenka-led retail arm of RPG group, which once ran a multi-format retail chain of around 400 stores, has trimmed down its operations in the last one year to bring down the number of its stores to 264.
The business, which was badly affected due to decline in demand as a consequence of [...]

B S Nagesh, the public face of India’s leading department format retail chain and managing director of Shoppers Stop, who has been working with the company since its inception in 1991, is taking over as Vice Chairman of the company, from today.
Founded 19 years ago on the 27th October, 1991 with the unveiling of its [...]

Crossword Bookstore, the leading lifestyle retail chain of books and leisure (music, toys, games, etc) stores has launched its 50th store in Hyderabad. The new Crossword store, located at GVK One Mall in the city, is the third store of the retail chain in Hyderabad. The store like its counterparts elsewhere in the [...]

Odyssey, a wholly owned subsidiary of Deccan Chronicle Holdings Limited, publishers of Deccan Chronicle, Financial Chronicle and Asian Age newspapers, opened its sixth store in Mumbai on 9th June, 2009.
Founded in 1995, Odyssey is among the country’s fastest growing retail chains of books and leisure products offering books, stationery, gifts, toys, music, and multi-media gaming items targeted mainly at kids [...]

Kishore Biyani-led Future group, India’s largest, listed, modern retailer, according to a statement made on Monday, is undertaking an internal exercise to consolidate some of its stand-alone store formats by moving them as ’shop-in-shops’ outlets into large format stores, reports PTI. The standalone stores of books retail chain “Depot” are also being converted [...]

Shoppers Stop, the country’s pioneering, department store format, listed, retail chain ptomoted by construction major K Raheja group, is seeking to increase the aggregate compensations of its top honchos B S Nagesh Managing Director and Govind Shrikhande, CEO.
The company has proposed to pay aggregate annual compensations of Rs 4 crore (around $800,000) [...]

Westside, the flagship department store format, lifestyle retail chain of Noel N Tata-led Trent Ltd, one of the two retail arms of Tata group, which currently operates 36 stores, recently opened its new store at Nashik in Maharashtra. The new store occupying a retail space of 24,000 sq ft is located in the [...]